SOLVEDPAPERCORPORATIONBANKPROBATIONARYOFFICERS EXAM2010

1.Asapolicytoboosttheagriculturalsectorinthecountry,theGovt.ofIndia hastakenseveralspecialmeasuresovertheyears.Whichofthefollowingcannotbe consideredameasure/measureswhichwillhaveadirectimpact(s)onthe agriculturalsector? 1.SettingupofaNationalFoodProcessingBank. 2.Openingirrigation,sanitationandwaterprojectsfordevelopmentunder publicprivateparticipation. (A)Only1 (B)Only2 (C)Only (D)Onlyland2 (E)All1,2and3 2.TheGovt.ofIndiaisplanningtobringaSecondGreenRevolution.Thiswillbe launchedspecificallyforwhichofthefollowingpartsofthecountry? (A)NorthEastandasternRegions (B)CentralIndia (C)Jammu&Kashmir (D)TamilNadu,KeralaandAndhraPradesh (E)Noneofthese 3.Asweallknow,thelimitofexemptiononpersonalincometaxhasbeenraisedby Rs.10,000.Wheneverareliefindirecttaxesisgiven,theunderlyingmotiveis alwaystomakemoneyavailableforwhichofthefollowingpurposes? 1.Savings 2.InvestmentforHighreturns 3.PersonalConsumption (A)Only1 (B)Only2 (C)Onlyland3 (D)Only2and3 (E)Noneofthese 3.Effortstobringdownfiscaldeficitto5.5percentlevelofGDP

4.Asweknow,aspecialschemeOneVillageOneProjectisinvogueinsomeparts ofourcountryandhasprovedagoodincentivetoboosttheruraleconomyandthe agriculturalsector.NowtheGovt.hasdecidedtodevelop60,000villagestoproduce whichofthefollowingsinglecropsasamajorcrop? (A)PulsesorOilseeds (B)WheatorBajra (C)SugarorJute (D)SunflowerorRoseflower (E)Noneofthese 5.TheGovt.ofIndiahasdecidedtobringdownthefiscaldeficitfrom6.6percent tothelevelof5.5percentoftheGDPsothatitcanmeetgrowthtargetswellin time.Thistargetof5.5percentistobeachievedbytheendof? (A)January2011 (B)March2011 (C)December2010 (D)January2012 (E)Noneofthese 6.SomeeconomistsandfinancialexpertsareoftheopinionthattheFinance MinisterofIndiahasdoneagoodjobbyallocatingafairlygoodshareofbudgetto ensurethatthebenefitsofthegrowthalsoreachthepoorandunorganizedsectors ofthesociety.Whatamountintermsofpercentagehasbeenallocatedtovarious schemesofthesocialsectorintheUnionBudget201011? (A)5% (B)7% (C)10% (D)12.5% (E)Noneofthese 7.Manypeopletalkabouttherollbackofstimuluspackagesprovidedlastyearby theGovt.ofIndiatohelpcertainsectors.Ifthesestimuluspackagesarerolledback, thiswouldmeanthat 1.thosewhohaveavailedthesebenefitswouldberequiredtoreturnthemtothe Govt.ofIndia. 2.nosuchincentivewouldbeavailablehenceforthtothesesectors. 3.allsuchbenefits/incentiveswouldbeavailabletoallthepeopleacrossthe countryandwillnotberestrictedtosomeselectedfew. (A)Only1 (B)Only2 (C)Only3 (D)Only1and3 (E)Only2and3

8.Inordertodevelopinfrastructureinthecountryatafasterpace,theGovt.of Indiahasfixedsometargets.Inordertoachievethistarget,atpresent,howmany kilometersofhighwayisrequiredtobeconstructedperday? (A)5km (B)10km (C)15km (D)20km (E)Noneofthese 9.SouthIndiawillgetKGgasby2012wasthenewsinamajorfinancial newspaper.KGistheabbreviatednameofwhichofthefollowing? (A)KarnatakaGoa (B)KaveriCanga (C)KrishnaGodavari (D)KarnatakaGulf (E)Noneofthese 10.Manyatimes,wereadinnewspapersthatsomebigbankshaverevisedtheir lendingratestomakethemdearerorcheaper.Thoughthedecisiontoraisethe lendingratesisalwaysinthehandsofthebanksnormallytheyannouncethis decisionoftheirs? 1.immediatelyaftertheUnionBudgetispresentedintheLokSabhaeveryyear. 2.whentheRBmakeschangesinitspolicyrates. 3.whentheMonetaryandCreditPolicyoftheRBisreviewedperiodically. (A)Only1 (B)Only2 (C)Only3 (D)Only2and3 (E)All1,2and3 11.HowmuchamountincashistheGovt.ofIndiaplanningtoinfuseinpublic sectorbanks,tostrengthentheircapitalbasethisyear? (A)Rs10,000crore (B)Rs.12,500crore (C)Rs.14,000crore (D)Rs.16,500crore (E)Noneofthese

12.Asweallknow,therateofMAThasbeenincreasedfromthepresent15%to 18%witheffectfromApril2010.WhatisthefullformofMAT? (A)MaximumAlternatetax (B)MinimumAlternateTax (C)MinimumAffordableTax (D)MaximumAffordableTax (E)Noneofthese 13.OneoftheheadlinesInamajorfinancialnewspaperrecentlywasIsSpainthe nextGreeceorItalyorPortugal?Whatistheactualmeaningofthisheadline becauseofwhichtheauthorhasbeencomparingSpainwiththeotherthree countries? (A)Allthesethreecountrieshaveabandonedthemembershipofthe EuropeanUnion.Spainisalsoplanningtodoso (B)Allthesethreecountrieswerethefirsttocomeoutofrecentglobal recessionandthattoowithinashortspanoftime.Spainisnextinqueueto declareitselffreefromthetrouble (C)Thesethreenationsarebadlytrappedinasituationwheretheireconomyis proceedingfrombadtoworsecondition.Spainalsoappearstobeinthesame situation (D)Greece,ItalyandPortugalhavesignedsomespecialagreementswithUS andaleavailingstimuluspackagestopromotetheirexportstoUSonsome specificterms.Spainisalsowillingtodothesame (E)Noneofthese 14.Manytimeswereadinnewspapersthatseveralcompaniesareadoptingthe FCCBsroutetoraisecapital.WhatisthefullformofFCCBs? (A)ForeignCurrencyConvertibleBonds (B)ForeignConvertibleCreditBonds (C)FinancialConsortiumandCreditBureau (D)FutureCreditandCurrencyBureau (E)Noneofthese 15.TheGovt.ofIndiahasaskedallbigcompaniesandcorporatestocreatea separatefundfortheirCorporateSocialResponsibilityActivities.Whatistarethe purpose(s)ofthisdirectiveissuedbytheGovt.? 1.Toensurethatcompaniesspendsomemoneyonsocialactivities. 2.Tobringtransparencyinmattersoffinancialtransactionsanddealingsby corporates. 3.Toensurethatcorporateentitiesdonotgetinvolvedinnoncommercialactivities inthenameofsocialactivitiesastheyaxerequiredtospendmoneyonlyonthe

welfareoftheemployeesandtheirfamilies. (A)Only1 (B)Only2 (C)Only3 (D)All1,2and3 (B)Noneofthese 16.Whichofthefollowingisaninnovativemechanismadoptedbybankstomeet thetargetsfixedforlendingtoprioritysectorbytheBanks (A)Buying&SellingofPrioritySectorLendingCertification (B)SaleofKisanVikasPatra (C)InterBankParticipationCertificates (D)AdoptionofCoreBankingSolution (E)Noneofthese 17. TheReserveBankofIndia(RB!)recentlyannouncedahikeinsomepolicy ratesandalsoindicatedthattheremaybeanotherchangeinnearfuture.Which ofthefollowingis/areconsideredapolicyrate(s)inthehandsoftheEBI? 1.RepoRate 2.SLR 3.Inflation (A)Only1 (B)Only2 (C)Only3 (D)Onlyland2 (B)All1,2and3 18.Zain,whichwasinnewsrecently,isacompanybasedinwhichofthefollowing nations? (A)Kuwait (B)SouthAfrica (C)UAE (D)China (E)Noneofthese 19.WhoamongstthefollowingwasawardedtheprestigiousMoortideviAward recentlyforhisliteraryworks?(AwardeeisaMinisterintheUnionCabinet) (A)VeerappaMoily (B)PranabMukherjee (C)P .Chidambaram (D)KapilSibal (E)Noneofthese

20.TheIndianMinistryofAgriculturehasdecidedthatdespitegoodstocksofwheat andrice,Indiawillnotexporttheexcessstocks.Whichofthefollowingmaybethe reason(s)owingtowhichtheMinistryhastakenthisdecision? 1.Indianwheatandricearenotinmuchdemandinforeigncountries.Hence,very fewaretakersforthesame. 2.TheNationalFoodSecurityBillhasaprovisiontoprovide25kgofwheator rice tothefamilieslivingbelowpovertyline.Ahugestockofgrainswillbe needed forthesameinnearfuture. 3.Sincemostcountriesarestilltorecoverfromtheglobalrecession,aformulais beingworkedoutwhereimportsandexportswillbecompensatedsimplyby exchangeofcommoditiesavailablewiththecountries.Indiaisplanningtouseits foodgrainstocksforthesame. (A)Only1 (B)Only2 (C)Only3 (D)All,1,2and3 (E)Noneofthese 21.Asperthereportinvariousnewspapers,RBIhasaskedbankstomakeaplanto providebankingservicestoallvillageshavingapopulationof2000.Thisdirective issuedbytheRBIwillfallinwhichofthefollowingcategories? (A)PlanforFinancialInclusion (B)EffortstomeetthetargetsofPrioritySectorLending (C)ExtensionofReliefPackagestotheFarmers (D)ExtensionsofInternalandBranchlessBanking (E)Noneofthese 22.Whichofthefollowingisnotabankorfinancecompany? (A)Barclays (B)BNPParibas (C)Lufthansa (D)HSBC (E)Allarebanks/financecompanies 23.TheIndianRailwaysisintheprocessofpurchasingBulletTrainTechnology fromwhichofthefollowingnations? (A)France (B)China (C)Japan (D)Russia

(E)Spain 24.SomeStateGovts.havestartedaprojectSaveSnowLeopards.SnowLeopards arefoundmainlyin? (A)Jammu&Kashmir (B)Rajasthan (C)Kerala (d)Punjab (E)TamilNadu 25.IndiarecentlysignedanagreementforanActionPlantoAdvanceSecurity Cooperationwithwhichofthefollowingnations? (A)China (B)Bangladesh (C)Pakistan (D)Nepal (E)Japan 26.SanyaRichardswhowasnamedastheIAAFWorldAthleteof2009represents whichofthefollowingcountries? (A)Jamaica (B)Kenya (C)France (D)Britain (E)USA 27.WhoamongstthefollowingwasadjudgedtheEuropeanFootbaIleroftheyear 2009? (A)RobertoBaggio (B)EdgerDavids (C)XaviHamandez (D)CristianoRonaldo (E)LionelMessi 28.ThelatestnuclearpowerreactorofIndiarecentlyattainedcriticalityat Rawatbhata.Rawatbhataisaplacein (A)UttarPradesh (B)MadhyaPradesh (C)Uttarakhand (D)Orissa (E)Rajasthan

29.WhoamongstthefollowinghasrecentlyreceivedtheHighestCivilianHonourof France? (A)KareenaKappor (B)ARRahman (C)JavedAkhtar (D)LataMangeshkar (E)Noneofthese 30.WhoamongstthefollowingrepresentedIndiaatthe15thUnitedNations ClimateChangeConference2009heldinCopenhagen? (A)Smt.SoniaGandhi (B)Smt.PratibhaPatil (C)Dr.ManmohanSingh (D)Smt.MeiraKumar (E)Noneofthese 31.ThreeIndiansportsmen,C.RajuSrither,I.R.SanamandRatanSinghrecently wenttoIndonesiaandwonGoldMedalsinoneoftheevents.Allthreeare associatedwithwhichofthefollowingsports? (A)Weightlifting (B)RifleShooting (C)Swimming (D)Golf (E)Archery 32.AtwodaymeetingoftheSouthAsianAssociationforRegionalCooperation (SAARC)wasorganizedrecentlyin? (A)Kathmandu (B)Islamabad (C)Thimpu (D)Dhaka (E)NewDelhi 33.BynominatingitsAmbassadortowhichofthefollowingcountriesafteragapof fiveyearshastheUSAestablisheditsdiplomaticrelationwithit? (A)Syria (C)Iraq (B)Iran (D)China (E)Noneofthese

34.Whichofthefollowingorganizations/agenciesisprovidingaUS$850million loantoIndiaforthedevelopmentofitsinfrastructureandKhadiindustry? (A)WorldBank (B)EuropeanUnionFinanceCorporation (C)AsianDevelopmentBank (D)Govt.ofSouthAfrica (E)Noneofthese 35.GoodluckJonathanwhosenamewasinnewsrecentlyisfromwhichofthe followingcountries? (A)Kenya (B)Uganda (C)Nigeria (D)Sudan (E)Noneofthese 36.ThecensusinIndiaisdoneafteragapofevery? (A)5years (B)10years (C)12years (D)15years (E)Noneofthese 37.PankajAdvaniwonwhichofthefollowingtitlesintheyear2009? (A)AsianGamesGoldMedal (B)AsianBilliardsChampion (C)WSAChallengeTour (D)WorldProfessionalBilliardsChampionship (E)Noneofthese 38.WhichofthefollowingawardsisgivenforExcellenceinthefieldofsports? (A)KalingaAward (B)GoldenPenAward (C)ArjunaAward (D)BharatRatna (E)Noneofthese 39.WhichofthefollowingstatesstartedAprilMandisprojectinalldistrictsiqfthe statetoensurethesupplyofvegetablesandfruitsatfairprices? (A)Gujarat (B)UttarPradesh (C)Haryana (D)Delhi

(F)Noneofthese 40.WhichofthefollowingtermsisnotusedinEconomics? (A)BalanceofTrade (B)Centrifugalforce (C)Breakeven (D)FiscalDeficit (E)CapitalAccount 41.TheIndiraGandhiPeacePrize2009wasgiventothePresidentof (A)Fiji (B)Bhutan (C)Nepal (D)Bangladesh (E)Noneofthese 42.TheGovt.ofIndiarecentlylaunchedtheJawaharlalNehruNationalSolar Mission.ThismissionisoneofthekeymissionsonIndiasNationalActionPlanon? (A)SecondGreenRevolution (B)ClimateChange (C)RechargingofWaterbodies (D)Electricitytoall (E)Noneofthese 43.Votinginlocalbodieselectionsiscompulsoryinwhichoneofthefollowing states? (A)Delhi (B)Maharashtra (C)Kerala (D)Gujarat (E)Noneofthese 44.IndiasexportsofwhichofthefollowingtoUSAhasbeengrowingatafastpace despitetheglobalslowdownandrecession? (A)HandicraftsandCarpets (B)TextilesandClothing (C)Horticulturalproducts (D)Foodgrains (E)Services

45.Russiarecentlyagreedtoresumeimportofnaturalgasfromwhichofthe followingcountriesafteragapofaboutamonthfollowingadisputeoverpricesof thesame? (A)Iran (B)Turkmenistan (C)China (D)Kazakhstan (E)N.Korea 46.Indiarecentlysignedanagreementforcooperationinthefieldofnuclearpower forcivilpurposes.ThisagreementisfreefromanyrestrictionsonIndia.Indiasigned thisagreement with (A)France (B)Germany (C)USA (D)Canada (E)Russia 47.BetweentheAssassinationsisabookwrittenby? (A)ChetanBhagat (B)KiranDesai (C)ShobhaDe (D)VikramSeth (E)ArvindAdiga 48.Whichofthefollowingprizes!awardsisnotgivenforExcellenceinthefieldof Literature? (A)DronacharyaAward (B)AgaKhanPrizeforFiction (C)CommonwealthAward (D)NobelPrize (E)ManBookerPrize 49.WhichofthefollowingtermsisnotusedinthegameofHockey? (A)Centre (B)Downswing (C)Droppass (D)Goalline (E)Blueline

50.Invisibleisanovelwrittenby (A)VikramSeth (B)ChetanBhagat (C)AnitaDesai (D)MeghnadDesai (E)PaulAuster Answers: 1.(C)2.(A)3.(C)4.(A)5.(D)6.(E)7.(C)8.(D)9.(C)10.(C)11.(E)12.(B) 13.(C)14.(A)15.(B)16.(C)17.(D)18.(A)19.(A)20.(B)21.(A)22.(C)23.(C) 24.(A)25.(E)26.(E)27.(E)28.(E)29.(D)30.(C)31.(E)32.(C)33.(A)34.(C) 35.(C)36.(B)37.(D)38.(C)39.(C)40.(B)41.(D)42.(B)43.(D)44.(E) 45.(B)46.(E)47.(E)48.(A)49.(B)50.(E)